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Technology Stocks : THQ,Inc. (THQI) -- Ignore unavailable to you. Want to Upgrade?

To: Craig Markell who wrote (4675)	4/20/1998 10:25:00 AM
From: StaggerLee	Read Replies (2) \| Respond to of 14266

Pong, Tank, Asteroids, and Missile Command, the greatest video games of all time, were not 3D. THQ just doesn't get it. <g>

To: Craig Markell who wrote (4675)	4/20/1998 11:05:00 AM
From: StaggerLee	Read Replies (3) \| Respond to of 14266

The $600,000 cash surprises me. The deal was over 90% stock; another 25,000 shares and they could have pooled and avoided a goodwill drag on earnings for the next 15 years or so. Now all they've got is more outstanding shares, more R&D, higher P/E, and higher price/book. Look for downward revisions by about 5% or so for 1998. It will take many years for this acquisition to manifest itself into earnings. Of course, there's nothing wrong with that.